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    Not With Our Taxes

    The real hidden tragedy of the Astrodome: Taxpayers pay big for failures oficon's caretakers

    Cynthia Neely
    Apr 9, 2012 | 10:39 am
    • The Astrodome
    • Who would have imagined that the Astrodome's wonder-filled start would lead tothis?

    Houstonians are being rooked. Their attention is being diverted from the colossal waste of their taxpayer money, the real issue, to talk of what our Astrodome could become — even if flattened.

    Recently Houston media representatives were led on a tour of the Astrodome’s interior which has been closed since 2008 when, overnight, it became unsafe. This photo op resulted, as fully intended, in videos and images of the woe-begotten facility. Preservationists were dutifully saddened and empathetic, while pragmatists saw all the proof they needed to blow this baby up.

    It was enough to make us want to do something — anything — to make this situation go away. But there’s the rub.

    Would members of the Sports and Convention Corporation & County Commissioners neglect their own property like this?

    While everyone is focused on how awful it looks, nobody seems willing to dig into this mess and find out how a small group of people in charge of millions of our tax dollars let this happen and hold them accountable. And to prevent them from doing it again.

    By my estimation, the absolute minimum the Harris County Sports and Convention Corporation (stewards of the building) and the Harris County Commissioners to whom they report, have approved spending on the Astrodome is more than $19,420,210 million* — only to have the former Eighth Wonder of the World end up in the sorry state it is today. The fact that they have done nothing to keep the building from falling apart inside is reprehensible.

    The average property owner’s taxes here are $2,761 annually. Would you give me another two grand if I had thrown away the first two? And never even owned up to it?

    A year ago, in the first CultureMap article I wrote about the Astrodome dilemma, I made clear that I had formerly worked on a movie studio project being proposed for the Dome. That affiliation ended around three years ago, but it gave me a better than average understanding of how county government works, as well as of the physical Astrodome itself; I toured it with a noted structural engineer.

    Instead of worrying about “what to do with the Dome,” Houstonians should be demanding a solution to improve its current condition, to protect their investment. Every property owner knows that maintenance is far less expensive than waiting until a wall caves in.

    Would members of the Sports and Convention Corporation and County Commissioners neglect their own property like this?

    Around $30 million is still owed in debt on the building. How much interest are we still forking over on that?

    No matter what the upcoming study will suggest, there is no money to implement any recommendation, even demolition. The caretakers should get this house in order first, taking care of debt and making repairs to prevent further deterioration.

    That is, after all, their responsibility.

    *$18,800,000 million to buy out the remainder of the Astros' lease; $517,000 for repairs so the Rodeo could use the Astrodome one last time; $3,200 for inspections and a temporary certificate of occupancy for the Rodeo's last ride; $50,000 for a workshop to study what to do with the Astrodome; $50,000 more for the Sports and Convention Corporations' share of a $500,000 study that was due in December; $30 million (plus or minus a few million) of debt still owed.

    Grand total $49,420,210 — and that's only the tip of the proverbial iceberg and we still have a deteriorated building that is a horrible PR image for our grand city.

    See Channel 11's recent look inside the Astrodome:

    unspecified
    news/real-estate

    homebuyer power play

    Houston declared one of the top 3 buyer's markets in U.S. right now

    Amber Heckler
    Sep 21, 2026 | 9:00 am
    Downtown Houston
    Photo by Christopher Politano on Unsplash
    Houston's housing market has been saturated with sellers.

    The tide has turned for the Houston housing market, and buyers now have more power than ever to negotiate on their forever home, a new real estate report has confirmed.

    Houston has now become one of the top 10 strongest buyer's markets in the nation with sellers outnumbering buyers by about 131 percent, Redfin's newest market trends report found.

    Nationally, sellers outnumbered buyers by 58 percent in August 2026, which Redfin says is the largest gap on record. Out of the 49 most populous metros in the U.S., only five are considered seller's markets, and eight are considered "balanced" markets where the number of buyers and sellers are nearly equal.

    That leaves the remaining 36 most populated U.S. metros as buyer's markets, which includes the biggest cities in the Lone Star State. In fact, four Texas cities rank among the 10 strongest buyer's markets in the country right now: Houston (No. 3), San Antonio (No. 6), Austin (No. 7), and Dallas (No. 8).

    There were 46,759 sellers on the market in Houston last month, more than double the amount of buyers (20,250). The market's tilt in favor of house hunters allows more legroom to be picky with the increased supply of available housing, while falling demand indicates less competition with other buyers.

    "In most markets, buyers should negotiate on price and ask for concessions like repairs or help with closing costs," said Redfin senior economist Asad Khan. "Buyers shouldn’t assume every seller will budge, especially on a desirable home that’s already priced well, but they don’t need to rush into a deal that doesn’t feel right."

    For sellers that want to stand out in a saturated market, Redfin suggests they should price their homes competitively and be prepared to negotiate.

    A separate Redfin report found mid-September is the best time for Houstonians to buy a home, but other experts say hesitant shoppers have until early October to take the plunge.

    Regardless of the timeline, the report warns that the recent surge of available housing is only beneficial for homebuyers that can afford it.

    "High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today," the report said.

    The median price of a Houston home came out to $331,821 in August, though 77 percent of all home sales in the city sold for below their original asking price.

    The top 10 strongest buyer's markets in the U.S. are:

    • No. 1 – Nashville, Tennessee
    • No. 2 – Miami, Florida
    • No. 3 – Houston, Texas
    • No. 4 – Orlando, Florida
    • No. 5 – Las Vegas, Nevada
    • No. 6 – San Antonio, Texas
    • No. 7 – Austin, Texas
    • No. 8 – Dallas, Texas
    • No. 9 – Atlanta, Georgia
    • No. 10 – Phoenix, Arizona
    real estatehousing marketreal estate reporthousing
    news/real-estate
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